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Introducing Orora Group Limited

Orora Limited - company overview

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Page 1: Orora Limited - company overview

Introducing Orora Group Limited

Page 2: Orora Limited - company overview

Table of contents

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1 Who we are

2 What we do

3 Where we’ve come from

4 Where we’re headed

5 How we’ll get there

6 Join us on the journey

Page 3: Orora Limited - company overview

Who we are

A leader in innovative packaging solutions

Supplies a broad range of packaging solutions and packaging-related services. Prides itself on innovation, working closely with customers to deliver design and services that ultimately improve the way people consume products in everyday life.

Headquartered in Melbourne, Australia

Listed on the Australian Securities Exchange.

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Page 4: Orora Limited - company overview

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Who we are

Orora Australasia $1,913mil Sales

Orora North America A$1,263 mil Sales

Fibre Packaging Beverage Landsberg – Orora Manufacturing

Boxes Cartons

Specialty packaging

CansGlass

Closure

Total PackagingSolutions

Packaging distributionCorrugated

Specialty packaging

Page 5: Orora Limited - company overview

Who we are

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Page 6: Orora Limited - company overview

Award-winning packaging, innovation and customer focus

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Orora Glass awarded Lion’s Supplier of the Year 2014

Highest ranked packaging company

Orora Glass awarded CCA’s Supplier of the Year (Packaging & Ingredients) 2014

14 Gold Awards and 5 Highly Commended

Page 7: Orora Limited - company overview

What we do

Why these markets?

• Attractive market fundamentals• Orora’s current strengths• Proximity to the core of

current operations

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Dairy(powder) Meat Beverage

Quick service restaurants

Australia / NZ

Orora North America

Food Technology Healthcare Automotive

Fruit & produce

Target product markets

Page 8: Orora Limited - company overview

Where we do it

• A portfolio of scale businesses with leading positions in their respective markets

• Predominantly servicing defensive food & beverage markets

• 3,500 employees, 28 manufacturing plants and 35 distribution centres

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Segment Products Plants Market Position

BeverageCans

Glass – WineGlass – Beer

Wine Closures

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1

#1#1#2#2

Fibre packaging

Recycled Paper /

Corrugated13 #2

Folding cartons Sacks

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#1#1

A market leader in Australasia

Market positions

Australasian footprint

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1896 1927 1936 1913

FY11 FY12 FY13 FY14

121.1 129.8 129.3

162.5

6.4%6.7% 6.7%

8.5%

FY11 FY12 FY13 FY14

Pro forma sales revenueAUD million

Pro forma EBITAUD million

28 Manufacturing Plants35 Distribution Sites2 Countries

Page 9: Orora Limited - company overview

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Description

• Packaging solutions provider headquartered in Buena Park, California

• 11 manufacturing plants and 48 distribution sites across 5 countries

• Purchases, warehouses, sells and delivers more than 7,000 packaging products and related materials sourced from a variety of manufacturers

• “Total solutions” approach for primary and secondary packaging and engineering line automation

• Industries serviced include: agriculture, food & beverage, healthcare, technology, automotive, industrial and pharmaceutical

• 22.3% 5-year cumulative annual growth rate (CAGR) in sales to strategic accounts increased revenues to US$245 million in FY14

– fastest growing sales channel– limited customer churn– embedded in customers’ supply chain

• “Sales commission only” based salesforce comprising approximately 300 sales representatives

• Corrugated manufacturing integrated with B9 Paper and locally sourced papers

– corrugated sheet, boxes, printing similar in size to Australasian corrugated volumes

– supplies distribution network and external customers

Strong Footprint in North America

ONA is a total packaging solutions provider to customers across various industries, #4 by market share

Where we do it

928 974 10351160

FY11 FY12 FY13 FY14

45.751.1

44.752.5

4.9%5.2%

4.3% 4.5%

FY11 FY12 FY13 FY14

Pro forma EBITUSD million

Pro forma sales revenueUSD million

Page 10: Orora Limited - company overview

How we do it

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Our Sustainability Framework

Page 11: Orora Limited - company overview

How we do it

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Our EcoTargets

Page 12: Orora Limited - company overview

Where we’ve come from

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2005-2008Divestment of:• Food can• Aerosols• Closures• PET

2000G1 glass furnace investment $130m

2000PaperlinX Demerger

2000Sale of Kimberly Clarke 45% share

2003G2 glass furnace Investment $125m

2010G3 glass furnace investment $150m

1989Acquisition of Sunclipse (ONA)

1860Australia’s first paper maker 1969

Australian Paper Manufacturers is listed on the ASX

2013Orora Demergesfrom Amcor

2012B9 commissioned$700m

1986Renamed to Amcor Ltd

2013Closure of Carton Board Petrie Mill. Exit/closure from plastic closures

2012NZ new beverage can line $40m

2012Decommissioning of 3 paper mills: F6, B7, B8

1860 20151970 1980 2000 2010

1982Containers Packaging(beverage cans)

Page 13: Orora Limited - company overview

Respectful of the past – excited about the future

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Continually evolving to solve customer needs

Page 14: Orora Limited - company overview

Where we’re headed

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Pro forma sales revenue

Pro forma EBIT

Page 15: Orora Limited - company overview

How we’ll get there

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Page 16: Orora Limited - company overview

How we’ll get there

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How we’ll get there

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Page 18: Orora Limited - company overview

How we’ll get there

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Nigel GarrardManaging Director and Chief Executive Officer

Stuart HuttonChief Financial Officer

Simon BromellGGM Beverage

Bernie SalvatorePresident Orora North America

Brian LoweGGM Fibre

David BerryGGM Packaging and Distribution

Peter de HenninGGM Paper and Recycling

Craig JacksonGGM Procurement and Supply

David LewisGGM Strategy

Ann StubbingsCompany Secretary and Group General Counsel

Page 19: Orora Limited - company overview

Please join us on the journey